Laserfiche WebLink
33 <br />[Bonds maturing on February 1, 20_ are subject to mandatory redemption, at a <br />redemption price equal to their principal amount plus interest accrued thereon to the redemption <br />date, without premium, on February 1 in each of the years shown below, in an amount equal to <br />the following principal amounts: <br />Bonds Maturing on February 1, 20 <br />Sinking Fund Aggregate <br />Payment Date Principal Amountl <br />Prior to the date set for redemption of any Bond prior to its stated maturity date, the City <br />Finance Director shall cause notice of the call for redemption thereof to be published as required <br />by law and, not more than sixty (60) and not fewer than thirty (30) days prior to the designated <br />redemption date, shall cause notice of the call to be mailed to the registered holders of any Bonds <br />to be redeemed at their addresses as they appear on the bond register described in Section 2.03 <br />hereof, but no defect in or failure to give such mailed notice of redemption shall affect the <br />validity of proceedings for the redemption of any Bond not affected by such defect or failure. <br />The notice of redemption shall specify the redemption date, redemption price, the numbers, <br />interest rates and CUSIP numbers of the Bonds to be redeemed and the place at which the Bonds <br />are to be surrendered for payment, which is the principal office of the Registrar. Official notice <br />of redemption having been given as aforesaid, the Bonds or portions thereof so to be redeemed <br />shall, on the redemption date, become due and payable at the redemption price therein specified <br />and from and after such date (unless the City shall default in the payment of the redemption <br />price) such Bonds or portions thereof shall cease to bear interest. <br />Bonds in a denomination larger than $5,000 may be redeemed in part in any integral <br />multiple of $5,000. The owner of any Bond redeemed in part shall receive without charge, upon <br />surrender of such Bond to the Registrar, one or more new Bonds of such same series in <br />authorized denominations equal in principal amount to the unredeemed portion of the Bond so <br />surrendered. <br />2.06. Execution. Authentication and Delivery. On behalf of the City by the signatures <br />of the Mayor and the City Manager; provided that said signatures may be printed, engraved, or <br />lithographed facsimiles thereof In case any officer whose signature, or a facsimile of whose <br />signature, shall appear on the Bonds shall cease to be such officer before the delivery of any <br />Bond, such signature or facsimile shall nevertheless be valid and sufficient for all purposes, the <br />same as if such officer had remained in office until delivery. Notwithstanding such execution, <br />no Bond shall be valid or obligatory for any purpose or entitled to any security or benefit under <br />this Resolution unless and until a certificate of authentication on such Bond has been duly <br />executed by the manual signature of an authorized representative of the Registrar. Certificates of <br />authentication on different Bonds need not be signed by the same representative. The executed <br />certificate of authentication on each Bond shall be conclusive evidence that it has been <br />-5- <br />